Can a Foreign Person or Corporation Form a Delaware Corporation or LLC?

By IncNow September 16, 2013

Yes. Delaware does not discriminate against non-citizens inside or outside the United States. Many Delaware Corporations and LLCs are formed by foreign persons. However, all businesses owned by non-U.S. persons must register with the U.S. on the FBAR form if they ever have $10,000 or more connected to the company. Additionally, income that is substantially […]

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How Does a Delaware Corporation or LLC Limit My Liability?

By IncNow

Generally, the stockholders of a Delaware Corporation and the owners of units in a Delaware LLC are not personally liable to the creditors of a Delaware Corporation or LLC provided they do not personally guarantee the obligations in writing. Many people form Delaware businesses specifically to have this protection, which is the strongest available. This […]

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